Convenience Store with Fuel
1636 Johnsonville Hwy, Lake City, SC 29560
For Sale
$450,000
The building includes a functioning kitchen, two walk-in coolers, and an on-site diesel pump.
Property Size2,750 SF
Price / SF$163.64
Days on Market351
Property Features for 1636 Johnsonville Hwy
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Buildings
Listing Agency:
PLC Commercial
(843) 702-9685
Listed By:
John R Etheridge · License #74462
(843) 229-3903
Source:
Browncokerrealty
Added: Nov 21, 2025
Changed: Nov 6
Last Checked: Nov 6 at 6:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PLC Commercial
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Investment Insights
Based on property information with market context.
At 1636 Johnsonville Hwy in Lake City, this convenience store and fuel property contains 2,750 square feet on an estimated 0.70-acre parcel. Built in 1950, the building has a functioning kitchen, two walk-in coolers, and additional interior storage. Fuel equipment includes two new pumps, one of which dispenses diesel; the site also has a cash register, lottery sales, and an ATM.
A rear apartment area is currently used for storage and includes a restroom and a combined kitchen and living area. Conversion to living quarters would require verification of allowable use and any necessary approvals with the relevant zoning authorities.
A rear apartment area is currently used for storage and includes a restroom and a combined kitchen and living area. Conversion to living quarters would require verification of allowable use and any necessary approvals with the relevant zoning authorities.
Key Highlights
- 2,750‑square‑foot building on an estimated 0.70‑acre parcel
- Two new fuel pumps, including one diesel pump
- Functioning kitchen and two walk‑in coolers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,770
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,400
$555.4K
Cap Rate 7%
$396,714
$396.7K
Cap Rate 9%
$308,556
$308.6K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$38.6K $14.04/SF
− Vacancy
−$1.6K −$0.58/SF
EGI
$37.0K $13.46/SF
− OpEx
−$9.3K −$3.37/SF
NOI
$27.8K $10.10/SF
Area
Florence County, SC
Vacancy
4.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,400
Cap Rate 7%
$396,714
Cap Rate 9%
$308,556
Alternative Uses
Best Use
Specialty Retail
$396.7K
$347.1K – $462.8K
NOI $27,770 @ 7.0% cap · market cap 6.17%
Second Best
Retail
$281.5K
$246.3K – $328.5K
NOI $19,707 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$405.4K
$354.8K – $473.0K
NOI $28,380 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 29560, SC
12,668
Population
6,236
Households
2
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
164.9 sq mi
ZIP Area
77
Density / Sq Mi
$45,421
Median Household Income
$31,681
Median Earnings
$702
Median Rent
$108,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The building includes a functioning kitchen, two walk-in coolers, and an on-site diesel pump.
Where is this grocery and convenience store located?
The property is located at 1636 Johnsonville Hwy Lake City, SC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,750‑square‑foot building on an estimated 0.70‑acre parcel; Two new fuel pumps, including one diesel pump; Functioning kitchen and two walk‑in coolers
